Will the greater regulatory risk to AI come from existing sector-specific regulation, or from new AI-specific regulatory capture and overreach?
6 recorded positions from 4 people, first said May 22, 2024. They do not agree — the readings below are what each one actually argued.
Existing sector regulation will govern ai more than new ai specific regulatory capture
Aaron Levie · May 22, 2024
Existing legal frameworks are largely sufficient for the dangerous use cases of AI, with new regulation needed only for genuinely novel ones
It doesn't take much imagination to picture a weaponized robot dog with multimodal AI, but most such harms are already addressable in law
43:23 20VC: Box's Aaron Levie on Predictions for the Next Wave of AI: Will Foundation Models Be Commoditised | How the Business Model of SaaS Changes Forever | Startups vs Incumbents: Who Wins | App vs Infrastructure Layer: Where is the Value?
Michael Eisenberg · Jun 19, 2024
The regulatory constraint on AI will come mainly from existing sector regulation rather than from the regulatory-capture dynamic everyone is discussing
Regulated industries like farming and financial services already have rules regulators must apply to AI, and that will govern deployment more than new AI-specific lock-in
22:17 20VC: Foundation Models are the Fastest Depreciating Asset in History, Lina Kahn is a Threat to American Capitalism, PE is Not Coming to Save the M&A Market & How China Could Overtake the US in the AI Race with Michael Eisenberg
Fear driven regulators imposing punitive data access rules risk a real ai plateau
Harry Stebbings · Jun 19, 2024 · hedged
The biggest risk to AI is that regulators who fear losing control impose punitive data-access regulation, causing a real plateau in AI system development
Scope: framed as his own concern rather than a prediction
22:55 20VC: Foundation Models are the Fastest Depreciating Asset in History, Lina Kahn is a Threat to American Capitalism, PE is Not Coming to Save the M&A Market & How China Could Overtake the US in the AI Race with Michael Eisenberg
Harry Stebbings · Jul 31, 2024 · hedged
Europe's regulation may become so constraining that it causes a plateauing of AI in both development and adoption
The EU is particularly talented at regulation and the act is incredibly stringent
Scope: framed as his personal worry
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Regulatory capture by incumbent frontier labs not data overregulation is the real risk
David Luan · Jun 24, 2024
The main regulatory risk in AI is regulatory capture by incumbent frontier labs, not over-regulation of data usage
Because only a few frontier model companies can exist at steady state, the move to pull up the ladder behind them has already begun; lawmakers don't understand the technology and default to listening to the most credible sources, who usually have ulterior motives
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David Luan · Jun 24, 2024
Regulatory capture in AI will make it harder to build on open source and harder for new companies to train and scale new AI ideas, producing another concentration of power
45:34 20VC: Why Foundation Model Performance is Not Diminishing But Models Are Commoditising, Why Nvidia Will Enter the Model Space and Models Will Enter the Chip Space & The Right Business Model for AI Software with David Luan, Co-Founder @ Adept
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